Thomson ReutersMay 22, 2013 07:32
(Reuters) - Staples Inc <SPLS.O> reported a slightly lower-than-expected quarterly profit on Wednesday, hurt by a stronger dollar and weak sales in Europe and Australia.
The largest U.S. office supplies retailer said income from continuing operations fell to $170.4 million, or 26 cents a share, in the first quarter ended on May 4 from $192.9 million, or 28 cents a share, a year earlier.
Analysts on average were looking for a profit of 27 cents a share on that basis, according to Thomson Reuters I/B/E/S.
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